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Business news for Mon, 31 Dec 2007 & with word buys. 1 news.

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16:19 Hi-Tech Pharmacal buys Alabama company for $5M

Newsday.com - Business

Hi-Tech Pharmacal, a manufacturer of generic drugs, said Monday it has acquired an Alabama-based maker of pre-natal vitamins and cough and cold formulations, for $5 million in cash.